EJF Real Estate is a well established, rapidly growing residential real estate company in the District of Columbia (Washington, DC USA) is seeking to hire an experienced Financial Manager with a deep understanding of financial management/analysis who is responsible, organized, detail oriented, and reliable to join our fun/hard working team. You must have excellent communication skills.
Key words for this job: accounting, financial reporting, real estate, property management, Excel, monthly financial reporting, fluent in English, communication skills (verbal and written)
Job purpose:
The Financial Manager (FM) will work directly with the financial team to manage the financial records of multiple companies (a “Portfolio”). The FM will be responsible for reviewing, making corrections, and final production of all financial records for each company in their portfolio. The FM will also be responsible for writing (in the future with AI aid) monthly financial reports for companies of a certain size and interacting with the Board of Directors for the companies in the Portfolio. This position requires an extremely detail orientated person with significant knowledge of accounting.
More specifically, we manage residential homeowner associations. Each association is an independent business with a set of books. Each association is overseen by an independent Board of Directors (BOD). The EJF Finance Department is charged with properly executing all financial activities related to the business and presenting correct financial reports to the BOD. The financials must be accurate for the Board to make well-informed decisions. The FM will not be executing the daily transactions but will work with the team to answer questions and ensure the final product each month correctly represents the finances of the association. The FM will be reviewing GL’s, statements of revenue and expenses, and balance sheets on a consistent basis to resolve issues or fix errors and ensure each element on the financial reports is accurate. The FM will be responsible for answering questions related to all financial aspects of each association both internally (to fellow team members) and externally (client facing). This job is for individuals who want to be the “CFO” of multiple companies, work consistently, and be the point person for finances.
Duties & Responsibilities:
- Responding to team member questions about transactions.
-Approving invoices over $10,000.
- Guiding Team members on SOP’s for all financial procedures, constant review of procedures, and implementation of new or more efficient processes.
-Responding to questions from Board of Directors.
- Monthly activities include detailed review of all financial statements for accuracy, executing corrections, and performing other duties to close the books each month.
- Analyze financial results and post information into monthly reports for the Executive Team.
- Manage regular preparation of relevant management reports, including weekly, monthly, quarterly and year-end reports.
- As needed, post various journal entries, prepare account reconciliations, and provide general ledger support.
- Preparation of the annual budget for companies in the Portfolio (with support from the Special Projects department) and present them to Boards of Directors.
-Be familiar with and assure administrative tasks are properly executed for Portfolio properties (tax payments, EOY tax returns, government filings, etc.)
- Support any audits for companies in the Portfolio.
- Will be part of the Financial Team and work collaboratively with team members. Attend required weekly meeting and participate by setting goals and completing assigned tasks.
- Must be able to analyze data, problems, and issues, formulate solutions, and execute the solutions.
- Perform other duties as assigned.
Critical competencies:
1. Organizational skills.
2. Time management.
3. Financial management.
4. Ethical conduct.
5. Technical capacity and eagerness to learn new software.
6. Communication proficiency.
Qualifications:
- Bachelor's degree in Accounting, Business Administration, or related field required.
-CPA degree preferred (US Degree preferred)
- 5-7 years of accounting/analyst experience is REQUIRED (you will take an accounting test)
-Experience managing all financial aspects of a company is PREFERRED.
-Candidate must have a knowledge of how US businesses operate (financials, taxes, etc.)
-Must have 5 years minimum working in real estate related activities (property management, residential/commercial investment property, accounting in a real estate company, etc.)
- Extensive knowledge of accounting principles.
- MUST be highly proficient in Excel.
- MUST be fluent in English and have excellent writing skills.
Preferred Education and Experience:
- Proficient at Microsoft Office Suite and specifically Excel.
- Must be well organized and a self-starter.
-Proficient in Vantaca would be a big boost.
- Detail
Location: Anywhere
Posted: Sept. 9, 2024, 9:32 a.m.
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